Question

If you were assigned to prepare a capital expenditure budget request, what two people would you most want to have on your team? Why? How would you expect to use them? What are the key elements of the proposal and who would create them from your team?

Answer 1

Such assets include things like property, equipment, and infrastructure. Capital expenditures usually take two forms: maintenance expenditures and expansion expenditures. Due to their substantial initial costs, irreversibility, and long-term effects, capital expenditure decisions are very critical to an organization.